Gold Forecast: Threatening Top of Larger Consolidation Area See if gold will be worth trading today here:
Enter your emailI do believe that the next couple of days will give us a bit of a “heads up” as to where we are going for the next week or so.markets gapped higher to kick off Wednesday, turned right back around to fill the gap, and then turned around to show signs of strength again.
At the end of the day, the market is just above the $1825 level, and it looks at this point like we will probably threaten the $1830 level, an area that I think is the top of the overall consolidation area that we have been in.If we can break out of this area, then I anticipate that the $1875 level will be targeted, as it is an area of extreme interest and on the volume profile It is also an area that has shown a lot of interest.
If we break down below the lows of the trading session on Wednesday, then it is likely that we could go looking towards $1800 level underneath which is where the 50 day EMA and the 200 day EMA both sit. Furthermore, it is a large, round, psychologically significant figure that a lot of people will be paying attention to, so it does make sense that it would offer support.
I do believe that the next couple of days will give us a bit of a “heads up” as to where we are going for the next week or so.on at the moment, but once we break out or turn back around, you can trade with a little bit more size.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Gold Price Forecast: Gold picks up momentum on dollar’s weaknessSpot gold trades around $1,816 a troy ounce, it's highest for this week. The greenback came under selling pressure following comments from US Federal
続きを読む »
Gold Forecast: Gold Markets Continue Major ConsolidationGold markets have rallied significantly on Tuesday to show signs of strength again, in what could be looked at as a potential consolidation area.
続きを読む »
Gold Forecast: Gold Markets Have Sideways SessionGold markets have gone back and forth on Monday, as we continue to see a lot of back and forth action just below the 50 day EMA.
続きを読む »
Gold Price Forecast: XAU/USD bulls remain poised to test $1,831 and $1,837 – Confluence DetectorGold price is consolidating near weekly highs, as the US dollar attempts a bounce in tandem with the Treasury yields this Thursday. The greenback got
続きを読む »
Gold Forecast, News and Analysis - FXStreetCheck our updated for Gold News including real time updates, forecast, technical analysis and the economic latest events from the best source of Forex News
続きを読む »
Gold Price Forecast: XAU/USD flirts with weekly hurdle en-route $1,834 amid softer yieldsGold (XAU/USD) buyers take a breather around the weekly top near $1,825-26 during the initial Asian session on Thursday. The yellow metal refreshed mu
続きを読む »